Board portal software is a web-based solution that manages the people and processes involved in arranging, documenting and controlling meetings between a board and its management team. It enables secure remote access to meeting materials on any device with internet connectivity. Board members can sign in using any mobile browser or web-browser from their iPhone, iPad, or any other tablet. They have access to documents and meetings on the devices they use most often for work or pleasure.
A board portal can help reduce the use of paper, increase director engagement, and offer secure online collaboration tools that help improve the governance process. It also helps save time and money by replacing expensive printing shipping, e-mailing and physical material. A good board portal lets administrators set up permissions and to create one source of truth for all information. This increases transparency and accountability.
It is important to carefully examine the features that are likely to be the most beneficial for your company when selecting the right board portal. Look for a software program with high ratings and many positive reviews on independent review websites like Capterra and G2.
Modern board portals provide an extensive array of security and collaboration tools, which are simple to use for administrators, but offer real value to boards. Board portals let directors comment on documents and other documents in real-time and simultaneously, without having to sort through attachments and emails that are easily lost or confusing. This makes it easier for board members to attend and prepare for meetings. They also have the most recent versions of documents, even if they travel across continents and countries.